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The Table Below Shows How Total Donations, Average Donations, Total

question 68

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The table below shows how total donations, average donations, total labor costs and average labor costs vary depending on the number of employees State U hires for its fundraising activities.  Number of  Employees  Total  Donations  Average  Donations  Total  Labor Costs  Average  Labor Costs 1$30,000$8,0002$42,426$17,0003$17,321$27,0004$60,000$9,5005$13,416$50,000\begin{array} { | c | c | c | c | c | } \hline \begin{array} { c } \text { Number of } \\\text { Employees }\end{array} & \begin{array} { c } \text { Total } \\\text { Donations }\end{array} & \begin{array} { c } \text { Average } \\\text { Donations }\end{array} & \begin{array} { c } \text { Total } \\\text { Labor Costs }\end{array} & \begin{array} { c } \text { Average } \\\text { Labor Costs }\end{array} \\\hline 1 & \$ 30,000 & & & \$ 8,000 \\\hline 2 & \$ 42,426 & & \$ 17,000 & \\\hline 3 & & \$ 17,321 & \$ 27,000 & \\\hline 4 & \$ 60,000 & & & \$ 9,500 \\\hline 5 & & \$ 13,416 & \$ 50,000 & \\\hline\end{array} The net benefit of hiring fundraisers is largest when ______ employees are hired.


Definitions:

Sample Mean

The average value of a sample set of numbers, used as an estimator of the population mean in statistical analysis.

Marathon Runners

Individuals who participate in marathons, long-distance running races typically covering a distance of 42.195 kilometers or 26.219 miles.

LSAT Exam

A standardized test required for admission into many law schools in the United States, Canada, and other countries.

National Average

The average value of a particular variable across the entire population of a nation.

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